Is Anderson, Indiana a Good Place To Live? - Living In Anderson, IN

Is Anderson, Indiana a good place to live?
Anderson is a city in Indiana state in USA with a population of 54476 residents.. The poverty rate of Anderson is 23%, which is 64% higher than national average. The typical household in Anderson earns $37110 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Anderson, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Anderson remained 6.5%, which is 38% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Anderson, only 16% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Anderson is 83, which is 17% lower than national average. Median home value in Anderson is $78600 , which is 66% lower than national average. While median income in Anderson remained $37110, which is 45% lower than national average.
Population
54476
Unemployment
6.5%
38% NAT AVG.
Poverty
23%
64% NAT AVG.
Overall Score
5
Median Home Cost
$78600
66% NAT AVG.
Median Income
$37110
45% NAT AVG.
Median Rent
$781
33% NAT AVG.
Cost Of Living
83
17% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 15
People Earning < $10,000
1 in 10
People Earning < $50,000
62.5%
People with <= High School
1 in 1.9
People With Any Degree
1 in 4.2
Pros & Cons Overview

Jobs50%

Housing50%

Affordability70%

Safety85%

Amenities85%

Diversity80%

Education50%

Commute70%